Vietnam's progress in strengthening measures to tackle money laundering and terrorist financing

Publication details

Language

English

Country

Topic

Overall, Vietnam has made minimal progress in addressing the technical compliance deficiencies identified in its 2022 Mutual Evaluation.

The country has been re-rated on one Recommendation:

Recommendation 13 is re-rated from Partially Compliant to Largely Compliant

Vietnam has 14 recommendations rated C/LC, 22 rated PC and 4 non compliant. The country is moved to enhanced follow-up.

APG Follow-Up Report of Vietnam - 2023

Filename: Vietnam-FUR-2023.pdf
Size: 845 KB
Format: application/pdf

Download the FUR

Earlier reports

22 Feb 2022

Vietnam's measures to combat money laundering and terrorist financing This report is a summary of the anti-money laundering (AML)/counter-terrorist financing (CTF) measures in place in Vietnam as at November 2019. It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of the country's AML/CFT system and provides recommendations on how the system could be strengthened.

Related materials

APG

The FATF Recommendations

The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. The FATF calls upon all countries to effectively implement these measures in their national systems.

Mutual Evaluations

The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system

Read more Consolidated assessment ratings